What is Care24?
Care24 is dedicated to offering professional and compassionate in-home care services for families navigating difficult times. The company deploys trained attendants to provide medical care and comfort to patients and seniors within their own homes. By collaborating closely with families, Care24 ensures that professional, kind assistance is delivered directly to patients, facilitating a more comfortable and supportive care environment.
How much funding has Care24 raised?
Care24 has raised a total of $4.3M across 2 funding rounds:
Private Equity
$350K
Series A
$4M
Private Equity (2015): $350K with participation from India Quotient
Series A (2016): $4M led by SAIF Partners and India Quotient
Key Investors in Care24
India Quotient
India Quotient is an early-stage investment firm that supports disruptive startups targeting Indian consumers. The firm aims to create a robust network of startup enthusiasts and invests at various stages, even at the concept level. Its primary focus includes sectors like SaaS, B2B marketplaces, fintech, and consumer brands. India Quotient seeks founders who are passionate and innovative, providing mentorship and resources without imposing traditional board meetings.
SAIF Partners
SAIF Partners is a prominent private equity firm that specializes in providing growth capital to companies in China or those with significant operations in the region. The firm focuses on various sectors, including internet+, TMT, healthcare, new materials, and clean technologies. With a strong portfolio, SAIF Partners aims to support the development of Asian companies. Their investment approach is centered on fostering innovation and growth in key industries.
What's next for Care24?
The recent major strategic investment signals Care24's readiness for accelerated growth and market expansion. This capital infusion is expected to bolster the company's operational capabilities, potentially enhancing its service offerings and geographic reach. Future developments will likely focus on leveraging technology to optimize care delivery and further solidify its role as a leading provider of in-home healthcare support, building on its established foundation of trust and quality.
See full Care24 company page
